The New Scheme has streamlined the syllabus, making it more precise and exam-focused. Below is a quick overview of the major topics covered in each paper:
Paper 1 – Accounting
This subject builds your core financial base and emphasizes:
Understanding fundamental accounting principles and recording journal entries accurately.
Preparing Trial Balance and rectifying errors.
Covering key areas such as Depreciation, Valuation of Inventory, Bills of Exchange, and Consignment.
Drafting Final Accounts of a sole proprietorship concern.
This subject builds your core financial base and emphasizes:
Understanding fundamental accounting principles and recording journal entries accurately.
Preparing Trial Balance and rectifying errors.
Covering key areas such as Depreciation, Valuation of Inventory, Bills of Exchange, and Consignment.
Drafting Final Accounts of a sole proprietorship concern.
Paper 2 – Business Laws
This paper evaluates your practical understanding of business regulations:
The foundation law: The Indian Contract Act, 1872.
Legal provisions related to sale transactions under the Sale of Goods Act, 1930.
Basic concepts of the LLP Act, Partnership Act, and an introductory overview of Company Law.
This paper evaluates your practical understanding of business regulations:
The foundation law: The Indian Contract Act, 1872.
Legal provisions related to sale transactions under the Sale of Goods Act, 1930.
Basic concepts of the LLP Act, Partnership Act, and an introductory overview of Company Law.
Paper 3 – Quantitative Aptitude (Objective)
This section combines numerical and reasoning skills:
Mathematics: Topics like ratios, equations, progressions, logarithms, and interest calculations.
Statistics: Concepts including mean, median, measures of dispersion, correlation, and probability.
Logical Reasoning: Analytical problems such as puzzles, syllogisms, and seating arrangement questions.
This section combines numerical and reasoning skills:
Mathematics: Topics like ratios, equations, progressions, logarithms, and interest calculations.
Statistics: Concepts including mean, median, measures of dispersion, correlation, and probability.
Logical Reasoning: Analytical problems such as puzzles, syllogisms, and seating arrangement questions.
Paper 4 – Business Economics (Objective)
This paper develops your understanding of economic principles:
Market fundamentals: Demand and Supply analysis.
Business concepts: Cost and Revenue theories along with various Market Structures.
Macroeconomic overview: National Income, Business Cycles, and key economic policies.
This paper develops your understanding of economic principles:
Market fundamentals: Demand and Supply analysis.
Business concepts: Cost and Revenue theories along with various Market Structures.
Macroeconomic overview: National Income, Business Cycles, and key economic policies.
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